1. Physical delivery refers to the behavior of the buyers and sellers of futures contracts to close the positions of the expired open contracts by transferring the ownership of the subject matter of the futures contracts in accordance with the rules and procedures formulated by the Exchange when the contracts expire. Commodity futures trading generally adopts the way of physical delivery.
2. Cash delivery refers to the delivery method of calculating the profit and loss of the open contract at the settlement price when the futures contract is closed at the end of the period, and finally settling the futures contract by cash payment. This delivery method is mainly used for financial futures and other futures contracts that cannot be delivered in kind, such as stock index futures contracts. In recent years, some foreign exchanges are also exploring the use of cash delivery for commodity futures trading. China's commodity futures market does not allow cash delivery.
1. House trusteeship means that the owner of the house property transfers the right to use the house to the house business unit in the form of contract, and the house business unit commercializes the right to use the house, including daily management and lease, and bears the risk of the house being vacant in the middle. The owner (or client) entrusts the house to the trustee and signs the entrustment contract, and the trustee will find a tenant for him according to the agreement of the owner.
2. During the contract period, the housing business unit will charge rent, utilities, gas and property management fees, and transfer the rent to the owner or the bank account designated by the owner according to the contract. The trustee will bear the risk of the lessee's withdrawal, and the trustee will rely on his own professional housing management experience to resist all kinds of risks, so as to achieve the goal of mutual benefit and win-win between the owner and the trustee.